TRADOS Inc. announced the launch of TeamWorks 2. TeamWorks manages and optimizes the global information lifecycle defined as the aggregate of all processes required to create, localize, and publish information that meets the needs of global markets. TeamWorks 2 delivers capabilities in four areas to effectively reach global markets: accelerated localization and publishing; improved global information quality; reduced costs; and increased visibility and control over the global information lifecycle for executives and managers. The new release also extends the product’s globalization workflow and its standards-based connectivity. TeamWorks 2 includes: expanded collaborative workflow services that create workflow templates for process automation, and that can work with companies’ existing workflow software; project templating to speed project setup and simplify automation of the localization process; integrated vendor management to automate cost estimation and simplify vendor selection; personalized web-based portals where internal and external customers can initiate and track localization requests and projects; extended capabilities for active content monitoring that detects changes in repositories throughout an organization, and automatically takes action, triggers alerts and updates; and enhanced reporting.